Overview
What is Maryland Grain Producers Utilization Board Inc?
Maryland Grain Producers Utilization Board Inc., established in 1991, is a nonprofit organization based in Queenstown, Maryland. Its primary purpose is to enhance the profitability of Maryland's grain production and promote public understanding of agriculture. They achieve this through checkoff investments, supporting various initiatives such as promotion, education, and research. This results in increased utilization of grain. The board provides grants to facilitate these endeavors and also allows grain producers to allocate their checkoff funds to the Maryland Grain Producers Association for membership benefits. The board is obligated to return any refund requests made by grain producers. Their activities include conducting research, market development, and education to expand the use of grain, particularly ethanol, and public relations activities to promote grain utilization.
Official website here: www.marylandgrain.com
Is Maryland Grain Producers Utilization Board Inc legitimate?
Maryland Grain Producers Utilization Board Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Maryland Grain Producers Utilization Board Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $85,919
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.marylandgrain.com
What is the mission statement of Maryland Grain Producers Utilization Board Inc?
The Maryland Grain Producers Utilization Board, established in 1991, aims to enhance the profitability of grain production and improve public understanding of agriculture. This is achieved through checkoff investments that support promotion, education, and research, ultimately leading to increased utilization of grain. The board provides grants for research, market development, and education, with a focus on expanding the use of ethanol. The Board conducts its programs and public relations activities to broaden the use of grains. It is required to return checkoff funds to any grain producer who requests a refund. Additionally, a grain producer has the option to allocate their checkoff funds to the Maryland Grain Producers Association for membership, allowing them to receive educational updates on the checkoff program.
Official website here: www.marylandgrain.com
Who is the CEO of Maryland Grain Producers Utilization Board Inc?
John Bruning is the President of Maryland Grain Producers Utilization Board Inc.
Official website here: www.marylandgrain.com
What is the revenue of Maryland Grain Producers Utilization Board Inc?
Maryland Grain Producers Utilization Board Inc's revenue in 2022 was $1,596,282.
Official website here: www.marylandgrain.com
Who are the executives of Maryland Grain Producers Utilization Board Inc and what are their salaries?
There 26 volunteers at Maryland Grain Producers Utilization Board Inc.
Here are 25 key members and their salaries:
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Official website here: www.marylandgrain.com
Where can I find the form 990 for Maryland Grain Producers Utilization Board Inc?
Maryland Grain Producers Utilization Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marylandgrain.com
Learn more at the official website: www.marylandgrain.com
Mission Statement of Maryland Grain Producers Utilization Board Inc
The Maryland Grain Producers Utilization Board, established in 1991, is dedicated to enhancing the profitability of Maryland's grain production and improving public understanding of agriculture. To achieve this mission, the board utilizes checkoff investments to support promotion, education, and research initiatives. The aim is to increase the utilization of grain, ultimately benefiting grain producers in the state.
The Maryland Grain Producers Utilization Board's activities are centered around conducting research, promoting market development, and providing education. By doing so, the board aims to expand the utilization and profitability of grain production in Maryland. One of their key initiatives involves expanding the use of ethanol, a byproduct of grain production. In addition, the board conducts public relations activities to raise awareness about the benefits of grain and its various uses.
It is noteworthy that the Maryland Grain Producers Utilization Board is also obligated to return checkoff funds to any grain producer who requests a refund. Furthermore, grain producers have the option to allocate their checkoff funds to the Maryland Grain Producers Association for membership benefits, including educational updates on the checkoff program. This flexibility allows grain producers to actively engage with the board's initiatives and stay informed about their impact on the grain industry.
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Impact
October, 2024
The Maryland Grain Producers Utilization Board Inc has significantly impacted the grain industry in Maryland by focusing on increasing profitability and promoting a better understanding of agriculture. Established in 1991, the organization utilizes checkoff investments to fund critical initiatives in research, market development, and education.
Through its grant programs, the board supports research aimed at expanding the utilization of grains, including the promotion of ethanol production. This not only enhances market opportunities for grain producers but also contributes to a more sustainable agricultural landscape. The board conducts public relations activities to raise awareness about the benefits of grain usage, thus broadening public understanding and appreciation of agriculture.
Furthermore, the board provides grain producers with opportunities to allocate their checkoff funds to organizations like the Maryland Grain Producers Association, thus fostering a community that is informed and engaged in industry developments. Overall, the Maryland Grain Producers Utilization Board plays a crucial role in driving economic viability and advancement within the grain sector in Maryland.
This information is meant to be a general summary of Maryland Grain Producers Utilization Board Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,110
- Program Service Revenue: $1,583,172
- Gross Receipts: $1,596,282
Assets and Liabilities:
- Total Assets: $1,541,632
- Total Liabilities: $0
- Net Assets: $1,541,632
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHECKOFF PAYMENTS
Revenue
$1,583,172
Organization Details
Founding Year
1991
Phone
(443) 262-8491Principal Officer
John Bruning
Main Address
210 FALLEN HORSE CIRCLE SUITE 100, QUEENSTOWN, MD, 21658
Website
www.marylandgrain.comNTEE Category
Code: K20 - Food
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